Pigs Archives - Page 182 of 418

Feed weekly outlook: Overwintered barley beats expectations

By GFM Network News May 7, 2020

MarketsFarm — Last fall’s remaining barley crops coming off the field this spring were at risk of causing a supply glut in feed grain markets. Luckily, however, those overwintered barley crops are in better-than-expected condition, and not all of them are going into the feed market. “We thought there would be a lot more coming […] Read more

Livestock, Markets, Reuters

Trump asks U.S. Justice Department to look into meat price disparities

By Reuters, GFM Network News May 7, 2020

Washington | Reuters — U.S. President Donald Trump said on Wednesday he had urged the Justice Department to look into allegations that the meatpacking industry broke antitrust law because the price that slaughterhouses pay farmers for animals had dropped even as meat prices rose. “I’ve asked the Justice Department to look into it. … I’ve […] Read more

General, Markets

COVID-19 aid ‘falls short,’ farm groups warn

Aid package includes AgriRecovery for cattle, hog sectors

By GFM Network News May 7, 2020

Ottawa — Despite Prime Minister Justin Trudeau saying more money will be provided if needed, the agriculture sector continues to criticize Ottawa’s $252 million in COVID-19-related financial aid offered to producers and processors. “If we have to add more, we will,” said Trudeau, after announcing new funding and programming. The federal government is offering an […] Read more

CME June 2020 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Futures surge on technical buying as plants reopen

CME cattle futures close limit up

By GFM Network News May 6, 2020

Chicago | Reuters — U.S. cattle and hog futures rose on Wednesday amid a flurry of technical buying — with some live and feeder cattle futures surging to daily trading limits — as investors said they were keeping a close eye on signs of packing plants reopening in the wake of coronavirus infections among workers. […] Read more

CME June 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs slide after three days of gains

"The workers are spooked to come to work"

By GFM Network News May 5, 2020

Chicago | Reuters — U.S. cattle and hog futures retreated on Tuesday in a profit-taking setback after three sessions of gains that were fueled by rising meat prices and concerns about meat shortages as several packing plants have closed due to coronavirus infections among workers. Benchmark June lean hog futures corrected after gaining nearly 18 […] Read more

Prime Minister Justin Trudeau speaks at Rideau Cottage in Ottawa in this April 24, 2020 file photo. (Photo: Reuters/Blair Gable)

General, Markets

Trudeau pledges $252 million in COVID-19 aid for farmers, processors

Dairy commission's credit line extended for storage program

By GFM Network News May 5, 2020

Ottawa | Reuters — Canada will invest $252 million to help some of the country’s farming and food processing sectors weather the coronavirus outbreak, Prime Minister Justin Trudeau said Tuesday, adding more money could come later if needed. The Canadian Federation of Agriculture, one of Canada’s biggest farm groups, asked Ottawa last week for an […] Read more

File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)

Hogs, Livestock, Reuters

Smithfield starting to reopen Sioux Falls hog plant, union says

Major plant was shuttered by COVID-19 outbreak

By Reuters, GFM Network News May 5, 2020

Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, resumed limited operations on Monday at a massive South Dakota slaughterhouse it closed last month because of the coronavirus pandemic, the union representing plant employees said. The closure of the plant and other slaughterhouses due to coronavirus cases among employees has led to temporary […] Read more

CME August 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures inch up as plants reopen

Rising wholesale prices support futures

By GFM Network News May 4, 2020

Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due to coronavirus illnesses among workers. Rising pork and beef cutout prices have also helped give futures a boost on Monday, said Mark Schultz, chief analyst […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle, hog futures climb with wholesale meat prices

About 20 North American meat plants offline

By GFM Network News May 2, 2020

Chicago | Reuters — U.S. live cattle futures closed higher on Friday after touching a three-week top, buoyed by firm cash cattle values and surging wholesale beef prices as labor shortages slow the U.S. slaughter pace, traders said. New-month buying by speculators may have also lent support, they said. Chicago Mercantile Exchange June live cattle […] Read more

General, Markets

CFA seeks $2.6 billion in support for producers

Federal officials sought specific numbers from ag industry

By GFM Network News May 1, 2020

Ottawa — Canada’s agriculture industry is seeking an initial $2.6 billion in COVID-19-related emergency relief funding from the federal government. Canadian Federation of Agriculture (CFA) officials put in the ask to the federal government on Thursday. According to second vice-president Chris van den Heuvel, federal officials asked the CFA “to go and put hard numbers […] Read more

GFM Network News

Trump mulls ending some trade ties with China, including in relation to cooking oil

Pulse Weekly: Yields coming into focus

U.S. livestock: Cattle at fresh highs, hogs weaken

Pigs

Feed weekly outlook: Overwintered barley beats expectations

Trump asks U.S. Justice Department to look into meat price disparities

COVID-19 aid ‘falls short,’ farm groups warn

U.S. livestock: Futures surge on technical buying as plants reopen

U.S. livestock: Cattle, hogs slide after three days of gains

Trudeau pledges $252 million in COVID-19 aid for farmers, processors

Smithfield starting to reopen Sioux Falls hog plant, union says

U.S. livestock: Cattle, hog futures inch up as plants reopen

U.S. livestock: Cattle, hog futures climb with wholesale meat prices

CFA seeks $2.6 billion in support for producers

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